A house valued at $45,000 in 1989 increased in value to $140,000 in 2001
Choose the true statement.
A) The value of the house increased approximately 95,000 percent from 1989 to 2001.
B) The value of the house increased approximately 211 percent from 1989 to 2001.
C) The value of the house increased approximately 7,917 percent from 1989 to 2001.
D) The value of the house increased approximately 311 percent from 1989 to 2001.

Question

Quizplus · Accepted Answer

The value of the house increased by $140,000 - $45,000 = $95,000. The percentage increase is $95,000 / $45,000 * 100% = 211%.

A House Valued at $45,000 in 1989 Increased in Value